AAPL just overtook Saudi Aramco as the worlds most valuable company. That means the total worth of a consumer electronics company is now greater than the total worth of an oil monopoly company in a nation with a century's worth of oil reserves backing it up still.

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It's crazy. There are people alive today who remember a time when oil was too cheap to use to make plastic, but was still good enough to burn and use as fuel.

AAPL just overtook Saudi Aramco as the worlds most valuable company. That means the total worth of a consumer electronics company is now greater than the total worth of an oil monopoly company in a nation with a century's worth of oil reserves backing it up still.

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